An Act updating the public financing law
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill proposes to limit the amount of money that candidates can spend on campaigns for statewide offices through the establishment of voluntary expenditure caps. It aims to provide greater transparency and potentially reduce the influence of large donors in these elections. The bill was referred to the committee on Election Laws and subsequently heard. It is related to previous legislation concerning public financing.
Key provisions
- Establishes voluntary campaign finance expenditure caps.
- Applies to candidates running for statewide elective offices.
- Aims to increase transparency in campaign spending.
- Relates to the existing public financing law.
- Was accompanied by a study order (S2727).
Who is affected
- Candidates for statewide elective offices
- Campaign finance committees
- Voters in statewide elections
Notable changes
- Introduces a system of voluntary expenditure caps, differing from mandatory limits.
- Focuses specifically on statewide offices.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
Arguments
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